Analyst: iPad 2 Supply Not ‘Meaningfully Impacted’ By Disaster In Japan
After initial concerns that the earthquake and subsequent tsunami in Japan would cause significant delays in iPad 2 production, it appears the impact may be less severe than anticipated.
Piper Jaffray analyst Gene Munster has told investors that while the disaster will affect supplies of iPad 2 shipments, it will be on a smaller scale than feared. Demand is still expected to outstrip supply, however.
“Apple recently reduced US iPad 2 lead times, which suggests the situation in Japan has not meaningfully impacted iPad 2 supply,”
“We believe the most critical suppliers are back up and running following the earthquake and the impact to supply will be modest.”
Apple recently reduced expected dispatch times for US orders to 2 weeks, and launched the iPad 2 in another 25 countries today, though as expected stock was limited.
Of course a few weeks here and there waiting for an iPad is nothing compared to what the people of Japan are going through right now. Remember you can still donate to the Japanese Red Cross through iTunes by purchasing a ‘benefit album’ titled Songs for Japan (all proceeds go to the Japanese Red Cross), as well as the usual methods.